Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?

To: axial who wrote (9107)	3/27/2002 10:34:07 PM
From: Montana Wildhack	Read Replies (3) \| Respond to of 14101

Jim and everybody, Third star to the right and straight on till morning. Don't like alligator mud wrestling? Ok. What about this? Basic premise: If you're waiting for the stock to go up near term, you ordered the FDA/J&J combo platter. Switching to serious, I would expect everyone with near term aspirations has the same events in mind. So answer these questions: 1. Do you think DMSO is an issue at this stage? I don't. The FDA has an open process. It published a statement of position saying it didn't have an issue. Indications are this portion of the process is complete. 2. Do you think passing the inspection means we're close? Yes. Many hours of searching including myself has shown more and more support for the position that the vast majority of companies getting to here pass. 3. Do you think J&J is going to distribute? Yes. They have been publicly mentioned recently and we were told they came up to do a plant pre-inspection. Further we were told what event would trigger the process (of finalizing the deal). I personally also believe this is a viable NSAID entry for them. Other questions are immaterial to these events. The stock price is immaterial at this time. DMX is behaving absolutely and 100% true to form and we all need to take delivery of that in the predictive sense. I bought a bunch in the 5's and now don't have a dime. If you think that means something then you're missing the whole point. I should have sold everything if I didn't think DIME would get US approval (despite HC/EU). If they do a buck or two is immaterial. Don't straddle the bet. Don't risk the bet with margin at this time. Nobody on Bay Street is coming to the party early. We get no respect until its delivered and installed. Everybody that believes already owns the stock. As Jim puts it a wall of skepticism will have to be breached...until that has already happened we continue in the pattern we all know. So I ask again. FDA. Yes or no. Read a book.

To: axial who wrote (9107)	3/27/2002 10:57:01 PM
From: Joe Krupa	Read Replies (1) \| Respond to of 14101

Jim, "The thing that intrigues me most about the Mystery Investor from Dundee is why he chose to take a loss. The TA looks bad, but the FA is unchanged." There could be a dozen reasons. It's in our nature though to always tend to assume the worst case scenario when we see somebody sell. My bet is the reason I tried to explain. Namely, that many of us felt it was a no-brainer, sure thing that the price would never pull back to the 4's again. After all, this was FDA! Now that we're back in the mid 4's, many people who committed money that they would only commit to "the sure thing," now realize that they can't afford to tie up that money in a scenario that now seems to have share price risk again. Many people might have heavily margined thinking that it would be a short term flip in the $7 range. Others may just not have those funds available for more than a very short term. Others just get discouraged by the bruising activities of Acqua. What seems clear though is that this Dundee seller had no insider knowledge when buying (all shares bought after the NR), so I doubt they have any insider knowledge in selling. Everyone has a different reason for buying and selling. Remember, there's a million stories in the naked city. joe FWIW, I looked back at the last two disappointing NR's (HC and EU approvals), and the Dundee trading activity preceding them. I'm happy to report there was no sign of any informed selling through Dundee.